2843 Old Irwin RdIrwinID83428
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2843 Old Irwin Rd, Irwin, ID, 83428 in Irwin is a solid income-producing rental, 8.06% gross yield, $4,800/mo rent, $687/mo net cash flow on a $715,000 buy. DSCR 1.49 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $197,541 and $6,585/yr in principal reduction project a total cumulative return of $313,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $687 | $300 |
City averages based on Irwin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,800 |
| Total Monthly Debt Service | $3,829 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83428, Irwin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 184 (38.5%) |
| Renter Occupied HU | 42 ( 8.8%) |
| Vacant Housing Units | 252 (52.7%) |
| Median Home Value | $621,429 |
| Average Home Value | $645,163 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2023
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83428, Irwin, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 184 (38.5%) |
| Renter Occupied HU | 42 ( 8.8%) |
| Vacant Housing Units | 252 (52.7%) |
| Median Home Value | $621,429 |
| Average Home Value | $645,163 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Sloan • Rainey Creek Realty
Mls Name: TBOR
Mls Provider:
Mls ID: #25-91
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.